Wednesday, February 25, 2009

Yale Halts Pay Raises

The recession has hit the Ivy League!

Faculty, managerial, and professional employees with salaries below $75,000 will continue to be eligible for merit increases of up to 2%. But there will be no increases for those with salaries above $75,000, including all deans, directors, and University officers. Foregoing the increases announced previously will allow us to preserve more staff positions.

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1 comment:

Ellen K said...

Now if the NCAA will make BCS coaches cut their salaries by 30% maybe we would have some real incentive to get this economy on the move. There's nothing more riled than a pissed off college football fan.